3 years ago

2. After the American Revolution why was there a need to establish a stable banking system?

Mathematics

1 answer:

lora16 [44]3 years ago

5 0

Answer:

Federalists wanted a

centralized banking

system and Alexander

Hamilton, as Secretary of

the Treasury, proposed a

national bank in 1789.

• Antifederalists, like

Thomas Jefferson,

opposed this plan.

– They favored a

decentralized banking

system in which states

established and

regulated banks within

their borders.

Step-by-step explanation:

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